2241 48th Avenue

Oakland, CA 94601

$815,000
Price
$815,000
Price
9
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.

Property Details

StatusActive
MLS #40860443
Year Built1993
DOM10
Compass TypeMulti Family
MLS Type2-4 Units / 3 Units
Lot Size0.15 AC / 6,373 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyAlameda County

Eric Wanene

Safi Realty

sellmorehomes@gmail.com

P: 510-7769875

Listed By

Contact Agent(s)

Property Details

Area
Oakland Zip Code 94601
Building Type
TRIPLEX

Description

Nice Turn Key Investment in a desirable area; Completely Remodeled 3 Unit Building. Rare rental find - Three 3bdrm 1bth; New kitchens; New baths; New paint New Roof Granite counters and Stainless steal Appliances . 51K NOI with 25% down

Location

Listing Courtesy of Safi Realty, Eric Wanene, BRE #01802189

Listed By

Eric Wanene

Safi Realty

sellmorehomes@gmail.com

P: 510-7769875

Building Information

Stories-Residences-Year Built1993Building Size-Lot Size0.15 AC / 6,373 SF

Payment Calculator

$3,284 per month

30 year fixed, 4.45% Interest

Principal and Interest

$3,284

Property Taxes

HOA Dues

$0

Property Information for 2241 48th Avenue

Features
    Feature Details
  • Flooring: Laminate, Tile
  • Laundry: Washer/Dryer Hookups
  • Disability Features: Other
    Utility Details
  • Cooling: Window/Wall Unit(s)
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
  • Energy Saving Feature: None
  • Solar: None
Lot / Property Details
    Property Details
  • Additional Equipment: Washer, Other
  • Building Age: 26
  • City Transfer Tax: Yes
  • Exterior: Wood Siding
  • Lot Description: Regular
  • Lot Sq Ft Apx: 6373
  • Roof: Composition Shingles
  • Yard Description: Front Yard, Side Yard
  • Year Built: 1993
    Location Details
  • Directions to Property: Hight St to Congress to 48TH
  • FIPS Code: 06001
  • Parcel Number: 36-2416-11-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: CONTRA COSTA
Multi Family Information
    General Details
  • Other Units: Other
  • Units Total: 3
  • Miscellaneous Features: None
  • Parking Description: Attached Garage
  • Park Spaces Total: 2
  • Sq Ft Total Building: 2677
  • Existing Lease Terms: Month to Month, Security Deposit
    Unit 1 Information
  • Air Cond: No
  • Bathrooms: 1
  • Bedrooms: 3
  • Dining Room: Yes
  • Fireplace: No
  • Occupied By: Tenant
  • Parking Spaces: 1
  • Range/Oven: Yes
  • Refrigerator: Yes
  • Rent: 2150
  • Unit #/Address: 2239
    Unit 2 Information
  • Air Cond: No
  • Bathrooms: 1
  • Bedrooms: 3
  • Dining Room: Yes
  • Fireplace: No
  • Occupied By: Tenant
  • Range/Oven: Yes
  • Refrigerator: Yes
  • Rent: 1500
  • Unit #/Address: 2241
    Unit 3 Information
  • Air Cond: No
  • Bathrooms: 1
  • Bedrooms: 3
  • Dining Room: Yes
  • Fireplace: No
  • Occupied By: Tenant
  • Range/Oven: Yes
  • Refrigerator: Yes
  • Rent: 2265
  • Unit #/Address: 2243
    Income / Expense Details
  • Annual Expense Year: 2018
  • Annual Taxes $: $11,076
  • Annual Gross Sched Income: $70,149
  • Annual Rental Income: $71,580
  • Gross Oper Income (Act): $70,149
  • Net Operating Income: $51,163
  • Annual Insurance Expense: $2,285
  • Annual License Expense: $1,512
  • Annual Maintance Expense: $1,200
  • Annual Total Oper Expense: $18,986
  • Annual Utility Expense: $2,907
  • Annual Vacancy Expense: $1,431
  • Operating Expenses: Trash Removal, Water
Multi Family 5+ Information
    Building Details
  • All Units Have: Updated Baths, Updated Kitchen
  • Basement: None
  • Separate Meters: Electric
  • Some Units Have: Patio, Updated Baths, Updated Kitchen
  • Tenant Pays: Other
    Other Financial Information
  • Financial Data Source: Estimated

Property History for 2241 48th Avenue

DateEvent & SourcePriceAppreciation
Apr 10, 2019Listed (Active)

EBRD #40860443

$815,000
Oct 14, 2013Sold (Public Records)

Public Record #370329582

$390,000

+9.9% / yr

Jun 26, 2009Sold (Public Records)

Public Record #271517339

$260,000

-8.4% / yr

DateEvent & SourcePrice
04/10/2019
Listed (Active)

EBRD #40860443

$815,000
10/14/2013
Sold (Public Records)

Public Record #370329582

$390,000

+9.9% / yr

06/26/2009
Sold (Public Records)

Public Record #271517339

$260,000

-8.4% / yr

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records

Taxable ValueLand$169,684Additions$395,929Total$565,613
Tax Record2018$9,429
Home Facts
Beds9Finished Sq.Ft.2,677 SqFtStories1Lot Size6,373 SqFtStyleTriplexYear Built1993Year Renovated1993CountyALAMEDA

Schools in Oakland, CA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Horace Mann Elementary SchoolPublicK-50.3 mi
1
Aspire Eres AcademyCharterK-80.4 mi
4
Melrose Leadership AcademyPublicPK-80.5 mi
3
Oakland Charter AcademyCharter6-80.5 mi
5

Horace Mann Elementary School

K-5, 0.3 mi, Public

1

Aspire Eres Academy

K-8, 0.4 mi, Charter

4

Melrose Leadership Academy

PK-8, 0.5 mi, Public

3

Oakland Charter Academy

6-8, 0.5 mi, Charter

5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Safi Realty, Eric Wanene, BRE #01802189
Based on information from the San Francisco Association of Realtors as of 04/10/2019 07:00 AM, the MLSListings MLS as of 04/10/2019 07:00 AM, or the BAREIS MLS as of 04/10/2019 07:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 04/24/2019 08:15 PM